The past 9+ months have been characterized by a turbulent business environment, including supply chain backups in ports where hundreds of containers are still sitting on inbound ships, waiting to be unloaded. A recent analysis of the situation revealed that shipping companies are making record profits this year-as the shipping difficulties and delays have grown, customers who need shipping services have been willing to pay higher prices. The shipping companies require that containers that are loaded onto trucks in port be returned to the port within a limited number of days or weeks; truckers, however, have found many ports where the trucks are not even being allowed to enter the port property, because the port has run out of space to store the containers. The trucking companies are still being charged 'late fees' for failure to return the containers to the shipping companies. Ports are owned by cities and counties, but the land and space are leased to shipping companies, who are in charge of operations. As it currently stands, the shipping companies have little incentive to change things so that operations return to their former smoother processes and procedures. Which of the following describes the market that the shipping companies are facing currently? O flexible demand elastic demand inelastic demand constrained demand none of these applies